On the 1 hour view it looks like we might still be in a trend.
1) If it breaks the resistance line, we might have a new upwards trend starting - based on the week chart below. The 1h chart have a overbought RSI indicater support short. MACD is below the zero line moving slightly up, which might indicate a long...
2) If it holds the resistance, then we will have to wait for the new signal, maybe with a small short. The blue "horizontal" line is the support line based on the week chart - if it breaks it will go down to the black support line.
Week chart:
1) If it breaks the resistance line, we might have a new upwards trend starting - based on the week chart below. The 1h chart have a overbought RSI indicater support short. MACD is below the zero line moving slightly up, which might indicate a long...
2) If it holds the resistance, then we will have to wait for the new signal, maybe with a small short. The blue "horizontal" line is the support line based on the week chart - if it breaks it will go down to the black support line.
Week chart:
